A company that's doing all the right things coupled with a shareprice that's at 2016 levels,ie gone nowhere for six years.Business as usual,then.
Sometimes,the stock market makes it easy to double your money. |
This is the essence of investing A company growing circa 20% year on year,even growing through the worst pandemic in recent history,coupled with a shareprice which has gone nowhere for five years.So,what happens next? Well,no one knows but,if history is anything to go by,I'll be doubling my money,as usual. |
Excellent full-year results.Bought some more today.Materially undervalued. |
€80 million for Worner Medizinprodukte ,medical supplier.DCC Vital heads into Europe,opening up another front.
Expect share price to double in time. |
Third quarte results out.Pretty impressive with all divisions posting strong growth.It's amazing,really,in the middle of a pandemic.Another of my stocks whose share price bears little relationship to the fundamentals.I presume the crowd are off chasing GameStop or Tesla. |
Another of the completely undervalued companies in my portfolio.As an investor,I'm completely at peace with that.It's the lot of the patient investor.Today's news of a further acquisition of another LPG distributor in the US is another step in the process of building real scale in the business.
Actually,it's just business as usual.
The share price has gone nowhere for a couple of years.Yet DCC continues to compound growth approx 15% a year.One day,sooner or later,the share price will double.
As a patient investor,I'm completely used to that as well. |
This share doesnt mess around when it moves! I can see it will have to go on my long term hold but trade sharp moves list! |
Obviously no one wants the dividend, it goes ex 51.95p tomorrow! |
DCC PLC Enabling energy transition webcast that went well!! ;-) |
They are serial acquirers of companies.Believe it or not,more than a 200! Generally speaking,this is a bad idea as most acquisitions fail.However,in the case of DCC,the opposite is true.They have a team scouring the world.They are ruthless about it,it's ROC has to be at least 15%,they learn everything about the market,then scale up,if it makes sense.Any underperformers ( very few) get sold and the cash will eventually get recycled into higher return assets.Their profit margin is tiny,about 1.6% if I remember rightly.The scale and effeciency of how they do it makes it a cash machine.If you ever visit their HQ,I'm told there's hardly carpet on the floor, although I can't vouch for that! |
Bought @£53 3 weeks ago looking for a cheap opportunity to get in. This is my 1st venture into this share. Very surprised to see vertually no chat on this thread for a ftse100 company. Initially thought it was a bit expensive until I saw the level of cash. Do you know if they have any plans to use this cash or do they historically have a large non-performing pot? |
It's a pretty amazing six month performance.Who'd have thought that Retail and Oil would have increased operating profit in the middle of a pandemic! Revenue down,profits up,result! |
Fidelity spooked by analysis and selling down.LPG is going to be used for many years.DCC is a conglomerate with a number of strings to their bow. |
for once an analyst's tip might come to fruition as 5 quid approaches. |
It's always been a low margin business but these guys cut their cloth.LPG is seen as pretty 'clean' in the big scheme of things.I think it's an over reaction. |
DCC plc downgraded to Sell from Neutral at Goldman Sachs Goldman Sachs analyst Matija Gergolet downgraded DCC plc to Sell from Neutral with a price target of 5,000 GBp, down from 6,800 GBp. The analyst has taken a "more conservative view of the longer-term growth potential of DCC's existing oil products distribution businesses, owing to the increased focus in Europe and globally on the Green Deal and the shift away from petroleum products." The analyst added that M&A execution is likely to become more challenging due to the low interest rate environment.
Read more at: |
After a bad couple of months a further 5% drop today. Any news? |
Small acquisitions but impressive given pandemic backdrop. |
As they say,a resilient performance.With traffic volumes down,it's obviously had an impact but overall,LPG ,Medical,Retail have held up well. |
and in nice short uptrend to perhaps 7500 again in due course - might pullback on profit taking on tuesday although dow futures strong |
Impressive results.Aside from the pandemic fallout,there's also a conglomerate discount,the market has failed to value this company properly for some years now.For the long term investor,one gets quite used to this. |
As with many quality companies,the shareprice has been decimated.Until it becomes clear about the path of Covid 19,there will be unpredictable volatility.Pribabky best to come back and look at it in 2021/22. |
I think they've taken over 22 (?) Tesco forecourts.No big deal.As investors know,the shareprice is one of the least useful bits of information about a company,unless,of course,you are about to buy or sell.The share price has gone nowhere over the past three years.Fine.Most investing is about the art of inactivity.When the share price does move ahead,I'll still be holding. |
Rookie mistake. |
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